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JaxInvestor

New Condo Conversion Coming...(probably)

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About the River Reach Condos... I know somebody who is in on the project. Apparently it's a bunch of local rich guys throwing in some money to build condos and a country club perhaps. It will be called "Old San Jose". I know only very fuzzy details, but I will find out some more.

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About the River Reach Condos... I know somebody who is in on the project.  Apparently it's a bunch of local rich guys throwing in some money to build condos and a country club perhaps.  It will be called "Old San Jose".  I know only very fuzzy details, but I will find out some more.

<{POST_SNAPBACK}>

River Reach was surprisingly attractive for cheap apartments (they used to be about $500-ish per month). They almost looked like a series of historic georgian houses, and the parking wasn't too obnoxious looking either.

I fully expect these new condos to be utterly tacky and much less urban looking than River Reach. But then again, I'm just a pessimist. :)

I'm also surprised that there might be a country club or even upscale condos. I thought building luxury units next to cemetaries was one of those things developers don't do.

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Captain: I am sure the new buildings will be stucco rather than brick. On a side note, I just bought an old stucco building in Riverside - ironic, isnt it?

As to the cemetery, at least they will have quiet neighbors.

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Alright, before anyone takes my comments as fact, I just want to say that my source is far from reliable. However, I think it will still be something upscale.

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There is a new billboard on I-95 facing the southbound lanes which touts "Old San Jose" as the new development for the River Reach Apts site. No details, but I think they might have had contact info on it. I was driving by at 70 mph, so couldnt write anything down.

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